Analysis of Chinese Enterprise Financial Crisis Prewarning Based on BP Neural Network

With the economic development of the emerging market countries, bankruptcy and financial crisis occur more and more frequently in business, credit and savings institutions, and thus the demand for enterprise financial crisis prewarning is rapidly growing. The main purpose of this paper to build a business financial crisis prewarning model based on BP neural network to conduct empirical analysis of the financial situation in Chinese enterprises. The conclusion shows that this model simulated the actual financial situation of enterprises. It can be not only applied to enterprise financial crisis prewarning in the emerging market countries, but also to financial crisis prewarning in the areas of micro-finance, such as credit and savings institutions, and so on.